FMCG giant Hindustan Unilever Limited (HUL) announced it has acquired 51% stake in Zywie Ventures Private Limited (Zywie), which owns the brand OZiva. According to the company’s exchange filing, “it is now informed that Hindustan Unilever Limited (“the Company”) has completed the acquisition of 51% shareholding of Zywie for a total consideration of INR 264.28…
Hindustan Unilever Limited (HUL) announced its foray into the ‘Health & Wellbeing’ category through strategic investments in Zywie Ventures Private Limited (“OZiva”) and Nutritionalab Private Limited (“Wellbeing Nutrition”). Launched in 2016, OZiva is a leading plant-based, and clean-label consumer wellness brand focused on the need spaces such as Lifestyle Protein, Hair & Beauty Supplements and…
OZiva, an India’s Leading Clean Label Active Nutrition Brand combining Modern Food & Ancient Ayurveda, has raised $12 million in a Series B round led by Eight Roads Ventures, the company said in a statement. Other participants in this round include F-Prime Capital and existing backer Matrix Partners India. In June, the company secured $5…
Oziva, a clean label, plant-based nutrition brand, announced that it has raised $5 million led by Matrix Partners, according to an ETtech report. Existing investor Titan Capital also participated in the funding round. The company will utilise the capital infusion to invest deeper in R&D, technology, team expansion, as well as to widen its customer…